Technology vendors tout the potential of automation in the non-QM space while warning that AI still has a way to go.

Issuers of non-agency MBS need to do more to help attract investors to the sector, according to industry participants.

Lenders that focus on non-qualified mortgages are expanding the credit box to reach more borrowers.

Limited prepayment activity it helping to prop up jumbo servicing portfolios.

Gig economy income can help potential borrowers qualify for a mortgage, with some complications.

Figure Lending's newest MBS will include recently originated first- and junior-lien home equity lines of credit with an unpaid principal balance of $205.4 million.

Flanagan and Carrillo have been active sellers of loanDepot stock the past few months, according to SEC records.

At a non-QM conference this week, leaders of non-QM operations detailed the importance of education for lenders looking to expand their book of business.

Gig economy workers offer a new type of self-employed borrower for lenders to approach, but they come with their own set of underwriting challenges.

A group of 20 nonprime servicing specialists increased their portfolio by 7.4% from the fourth quarter of 2022. (Includes data chart.)